Cement News tagged under: international
Government to lobby Caricom for reduction in import duties16 January 2013, Published under Cement NewsThe government of Trinidad and Tobago says it plans to lobby the Caribbean Community (CARICOM) grouping for a reduction in import duties following Trinidad Cement Ltd’s (TCL) recently-announced 9.5 per cent price hike. Trade Minister Vasant Bharath, has held talks with the company on whether the hike was based on increased costs of inputs, or due to inefficiencies. In news reports by local media, Bharat said that TCL’s costs include an annual energy cost of US$12m for natural gas, a debt o... |
Argentina’s 2012 cement shipments fall 7.8% YoY15 January 2013, Published under Cement NewsTotal shipments (domestic and exports) from Argentine cement producers fell 7.8 per cent YoY, according to the latest update from the Asociacion de Fabricantes de Cemento Portland (AFCP). For the 12 months to December 2012, total shipments reached 10.69Mt compared to 11.6Mt achieved in 2011. Sales to the domestic market were down by 8.16 per cent last year to 10.46Mt, compared to 11.39Mt in the previous year. Exports, remained stable in 2012 at 236,807t compared to 235,412t in 2011. ... |
INC suspends clinker production but assures supply continues, Paraguay15 January 2013, Published under Cement NewsParaguay’s Industria Nacional de Cemento (INC) announced it will suspend clinker production for 45 days but assured the market it will not reduce supply during the programmed stop. The shutdown of the clinker line is necessary to change refractories and carry out maintenance on the precalciner as well as repair the roofs in the third and fourth stage of the cyclones. Meanwhile, proper planning will ensure the provision of cement during the maintenance period. It is reported that INC... |
Sinoma awarded contract for new Indonesian line14 January 2013, Published under Cement NewsSinoma International Engineering and Indonesian producer PT Cemindo Gemilang have entered into an operation contract for a new clinker line at cement plant in Banten Province, Indonesia. Under the contract worth US$350.1m, Sinoma International will provide a supply chain of a cement plant manufacturing sections and services to PT Cemindo Gemilang for its Bayah cement plant, at the centre of which will be a 10,000tpd clinker line. The Ganda Group acquired the Semen Kupang Cement (SKC) p... |
Brazil's domestic dispatches rise 6.9% YoY14 January 2013, Published under Cement NewsPreliminary data and market estimates indicate that in 2012, total sales by Brazilian producers to the local market reached 68.3Mta, representing an increase of 6.9 per cent over 2011 (63.9Mt), latest figures from Sindicato Nacional da Indústria do Cimento (SNIC) show. Imports for the year, according to data obtained from the SECEX / MDIC, totaled 977,000t, down 10.4 per cent on 2011 figures (1,091,000t). Total domestic cement consumption in Brazil in December 2012 reached 5.1Mt, ... |
Clinker dispatches resume from Chittagong port, Bangladesh14 January 2013, Published under Cement NewsThe dispatches of imported raw materials for the cement industry from Chittagong Port of Bangladesh to cement plants resumed on 12 January after the Bangladesh River Transport Workers’ Federation (BRTWF) had called off their strike. Chittagong Port Authority said the clinker unloading activities at Chittagong Port and 16 private jetties of Karnaphuli River resumed on Saturday. According to BRTWF, workers have called off the nationwide strike and returned to work as authorities agreed to ... |
Call for higher tax on Irish cement sector windfall profits14 January 2013, Published under Cement NewsThe Irish cement industry is getting tens of millions of euro annually in windfall profits due to anomalies in the EU Emissions Trading Systems (ETS), according to the chief of an Irish producer. Donal O’Riain, CEO and founder of Ecocem, told the Irish Times that the the anomaly occurred because the domestic cement sector had lost 75 per cent of its demand since the peak years, yet the allocation of ETS credits to the sector was based on its historical sales levels. The anomali... |
US shipments rise 10% from Jan-October 201214 January 2013, Published under Cement NewsTotal shipments of Portland and blended cement in the United States and Puerto Rico for October 2012 were about 8.1Mt, almost 10 per cent greater than shipments in October 2011. Shipments for the year through October were 67.6Mt, up by about 10 per cent, latest data from the US Geological Survey (USGS) shows The leading producing States in October were Texas, Missouri, California, Michigan, and Alabama, in descending order. The leading consuming states (Texas, California, Florida, Illino... |
UBS lifts China Resources Cement14 January 2013, Published under Cement NewsUBS lifted its target price for China Resources Cement (01313) to HK$5.5 from HK$5.05, but downgraded the stock to "neutral" from "buy". It said CR Cement's share price has risen 51 per cent since its September 2012 low due to an increase in cement prices in its main markets of Guangdong and Guangxi. UBS believes the strong performance has factored in a potential improvement in margin. UBS notes that clinker prices have corrected sharply since December 2012. Although inventory is still fal... |
Morroco to add 5.9Mta of new capacity by 201714 January 2013, Published under Cement NewsCompetition is intensifying in the cement sector in Morocco, as existing players gear up for another phase of capacity development. While cement demand cooled in 2012 following double-digit growth the year before, the mid-term outlook is positive, and domestic players are now planning new facilities in a bid to maintain market share. Ciments de L'Atlas (CIMAT) has confirmed plans to build a third cement plant close to Nador in the north of Morocco as part of its strategy to maintain a 14 p... |